Milestones in Vietnam shrimp export in 2011

News 14:14 13/09/2014
(vasep.com.vn) Vietnam shrimp industry has experienced many significant landmarks in 2011... Despite of many hardships in shrimp producing and exporting in 2011, Vietnam shrimp industry reaped rich rewards of US$2.396 billion in export value.

Shrimp export hit a record high of nearly 2.4 billion

Despite of many hardships in shrimp producing and exporting in 2011, Vietnam shrimp industry reaped rich rewards of US$2.396 billion in export value. Hiking price of shrimp at the early months of the year was attributable to the record high exports. The shortage of shrimp supply from major suppliers such as Indonesia, China or Vietnam pushed up the global shrimp price while import demand from main consumers (the U.S., EU, South Korea) remained at the high levels. This helps Vietnam shrimp industry to gain encouraging results in 2011.

In 2011, Vietnam shrimp was shipped to 91 markets worldwide with export revenue of US$2.4 billion, up 13 percent over 2010. Japan, the U.S., EU, China (including Hong Kong) and South Korea are 5 largest shrimp importers, making up 81.7 percent of the proportion of Vietnam shrimp export value.

In which, Japan was the leading importer with the export value of US$607.2 million, occupying 25.3 percent, followed by the U.S. (US$558.5 million), EU (US$412.8 million), China (US$223.6 million) and South Korea (US$157.5 million).

Viet Nam won the anti-dumping duty case against the US

In the middle of July/2011, World Trade Organization (WTO) judges released the final decision on the U.S.’s “zeroing” method to impose anti-dumping duty on frozen shrimp from Vietnam.

In WTO’s conclusion, the U.S.’s using the zeroing method in calculating anti-dumping margins of Vietnam shrimp in two phases of administrative review from 1st Feb 2006 to 31st Jan 2007 and 1st Feb 2007 to 31st Jan 2008 violated WTO rules and the U.S. was requested to adjust its duty calculation method in accordance with WTO principles.

The panel concluded that the U.S.’s using available data to calculate anti-dumping duty was inconsistent to WTO rules. Many shrimp exporters of Vietnam used to pay 25 percent duty rate which hampered them to export their shrimp products to the U.S.

WTO’s final decision requested the U.S. to remove this calculation in the next administrative period of review. This is an opportunity for shrimp exporters which do not dump their products to retreat from the case. WTO’s the decision contributed to promote Vietnam shrimp exports to the U.S.

Important role of whiteleg shrimp

In 2011, black tiger shrimp exports of Vietnam reached US$1.430 million, equal to the figure of 2010. Yet, in 2011, whiteleg shrimp exports of Vietnam reached US$704 million, showing an increase of 70%. In 2011, epidemic hit mass industrial farming area of black tiger shrimp in Soc Trang, Bac Lieu, Can Tho, Ca Mau provinces. More than 81,000 hectares of black tiger shrimp farming were hit by plague.

Many shrimp exporters considered to import raw material, however, a lot of complicated procedures as well as high import duty prevented them from importing. Whiteleg shrimp business brought a lot of achievements for shrimp producers and exporters in 2011. 

Outlook

It is too early to make outlooks for shrimp industry in 2012. But, in the short-term, Vietnam shrimp exports continued to gain substantial results because prawn supply from Thailand was deficient due to flood and importing demand from the U.S., EU and South Korea will remain at high levels.

 

Bạn đang đọc bài viết Milestones in Vietnam shrimp export in 2011 tại chuyên mục News của Hiệp hội VASEP

TIN MỚI CẬP NHẬT

Da Nang city takes strong action against IUU fishing

 |  11:12 05/12/2025

(seafood.vasep.com.vn) Currently, Da Nang City has no fishing vessels detained, sanctioned by foreign authorities, or criminally prosecuted for IUU fishing violations. Patrols, monitoring of marine fishing activities, and handling of violations have been prioritized by competent forces, significantly reducing nearshore fishing infringements.

Vietnam’s tuna exports to Israel drop nearly 50% in the first 9 months of 2025

 |  09:13 04/12/2025

(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam’s tuna exports to Israel in the first nine months of 2025 reached just over USD 27 million, down as much as 49% compared to the same period in 2024. This is a steep and prolonged decline for many consecutive months, reflecting changes in import demand as well as shifts in the supply structure of this market.

Vietnam exports first shipment of 700 tons of tilapia to Brazil

 |  09:42 02/12/2025

(seafood.vasep.com.vn) The first 700 tons of Vietnamese tilapia ordered and imported by JBS Group will initially be distributed through supermarket chains, the Horeca network and JBS’s product showrooms in Brazil.

Pangasius Exports in October 2025: Positive Growth Momentum Led by China's Recovery

 |  12:40 28/11/2025

(seafood.vasep.com.vn) In October 2025, Vietnam’s pangasius exports hit $217 million, representing an 8% increase compared to the same month in 2024. For the first 10 months of the year, total export value has surpassed $1.8 billion, up 9% year-on-year. This growth demonstrates clear positive momentum for the pangasius industry, despite continued declines in certain markets.

Appeal letter: Calling for Support to overcome the consequences of flooding in the central provinces

 |  10:39 27/11/2025

In recent days, the Central provinces of Vietnam have been suffering from historic flooding, with prolonged heavy rains, landslides, flash floods, and deep inundation causing extremely serious impacts on tens of thousands of households, as well as many VASEP member exporters located in the region. With the spirit of mutual support and solidarity, and in order to promptly assist residents and member exporters in the affected areas to stabilize their lives and restore production activities, VASEP calls on all seafood exporters, organizations, and individuals to extend supports to the people and member exporters in the flood-hit areas. We urge timely and practical material and spiritual contributions to help member exporters and local communities in the severely affected provinces overcome this difficult period.

Raw shrimp prices remain stable, slight declines in some sizes at the end of October 2025

 |  09:04 26/11/2025

(seafood.vasep.com.vn) In the final days of October 2025, Vietnam’s domestic raw shrimp market remained generally stable, though slight adjustments were recorded in several sizes across key farming regions.

Vietnam’s shrimp exports in October 2025 hit the highest level since the beginning of the year

 |  08:26 25/11/2025

(seafood.vasep.com.vn) Vietnam’s shrimp exports reached USD 498 million in October 2025, up 26% from the same period last year. This is one of the highest monthly revenues since the beginning of the year, reflecting solid demand in major markets and faster shipment schedules by exporters. From January to October, shrimp export value reached USD 3.9 billion, up 22% compared to the same period in 2024.

US temporarily suspends import ban on crab from Vietnam and three Asian countries

 |  09:03 24/11/2025

(seafood.vasep.com.vn) On October 31, 2025, the US Court of International Trade (CIT) officially issued an order to suspend the case filed by the National Fisheries Institute (NFI), the National Restaurant Association (NRA), and several US seafood companies against the US Government concerning the implementation of the Marine Mammal Protection Act (MMPA).

An Giang’s fisheries sector makes active contributions to the marine economy and international integration

 |  09:15 21/11/2025

(seafood.vasep.com.vn) An Giang’s fisheries sector has maintained stable growth momentum during the first nine months of 2025, making an important contribution to the province’s socio-economic development. Despite facing numerous challenges, the province is implementing various measures to enhance production efficiency, expand markets, and promote sustainable fisheries development toward deeper integration into the global economy.

Vietnam pangasius exports in September 2025: Driven by CPTPP markets and processed products

 |  11:24 19/11/2025

(seafood.vasep.com.vn) Vietnam’s pangasius export value in September 2025 reached USD 181 million, up 5% compared to the same period in 2024. The overall trend for the pangasius industry remains positive, with total exports in the first nine months of 2025 reaching nearly USD 1.6 billion, an increase of 9% year-on-year.

VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM

Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội

Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO

Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu

Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông

Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn

Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh

Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn

VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội

Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn

© Copyright 2020 - Mọi hình thức sao chép phải được sự chấp thuận bằng văn bản của VASEP

DANH MỤC